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>>> these are your headlines. >> a tough start to a new month for equities as all through u.s. indexes snap a four month winning streak in the first day of trade after the market shut down. >> campaigning resumes as the northeast assesses the damage from super storm sandy. good and big earnings day for oil giants giants. shell sees a fall and exxonmobile due to report before the opening bell. >> growth recovery may be near. official october pmi bouncing back into expansion territory. >>> we're under way just one hour and an awful lot to to get to. >> new york city still struggling to right itself after monday's super storm. one stap he have the big apple will return, the mta will resume partial subway service on 14 lines. la guardia airport will also reopen at 7:00 a.m. with limited service. amtrak says it will try to restore service to penn station come friday. >> homes in bay ahead are seriously damaged or destroyed. president obama got a firsthand look with governor chris christie yesterday afternoon. >> and danielle lee joins us, she's in the town of toms river. and we kn
five days before the election. for the latest details on our attempts to shoot down a u.s. truck or international waters to return to fox his national security correspondent jennifer griffin for report. >> aa 4:50 a.m., days before the u.s. president's election, to iranian fu25 fighter jets like these intercepted and fired twice upon an unmanned, unarmed u.s. m-2 one predator drawn of the persian gulf. the first time they have ever fired on a u.s. drone. the shots missed some of the thames, and iranian fighter pilots briefly pursued the drone which landed safely at an undisclosed location. >> it occurred over international waters approximately 16 nautical miles off the coastline. the aircraft was never in iranian airspace. it was always flying in international airspace. the international recognizes territorial limit is 12 nautical miles off the coast, and we never entered the 12 nautical mile limit. >> asked whether the incident was an act of war, the pentagon spokesman said he would not legally label it, adding the state department had protested through the swiss protective powe
rolls to re-election and a second term, defeating mitt romney despite a weak u.s. economy and persistently high unemployment. >> investors cheer obama's re-election. equities trading high led by autos and health care stocks. >> democrats keep their hold of the senate and republicans keep their control of the house. >> there will be a tough challenge facing the looming fiscal cliff. >>> a very good morning to you. it's been a long night, but we have a result. >> yes, we do. let's get right it to. president barack obama capturing a second term in the white house despite the struggling u.s. economy. he did manage to win many of the same states he took in 2008 and nearly all the critical swing states, including ohio, virginia, and colorado. speaking to supporters in chicago just a few hours ago, the president congratulated his republican challenger on the spirited race and said there's plenty of work ahead to fix the country's fiscal problems. >> i believe we can seize this future together, because we are not as divided as our politics suggest. we're not as cynical as the pund
. >> reporter: absolutely, lynn. this has been the big story outside the u.s. today. we've seen coverage all over the television with foreign correspondence stations not just in washington and florida, but all over the u.s. extensive coverage in newspapers, websites. virtually every foreign news organization has on its website a prominent section devoted to the u.s. election. that's tough to imagine in the u.s., that we would pay that kind of attention to another country's political contest. in fact, "the times" in london said their u.s. election section is now their most clicked aside from their home page and the views of it have gone up about 500% since august. part of the reason for all of this global attention is that so many people in so many other countries are looking for a catalyst for change in their own nations coming from a strong decision in the u.s. tonight there will be watch parties all over the world lasting all night long. lynn? >> all right, michelle kosinski for us in london. >>> right now vice president joe biden is in line along with his wife jill and son beau. he is the
in midair. like the patriot missile system as a lot of us were familiar with in u.s. wars over the past couple decades. but this is designed for short range rockets and missiles, if you will. and israelis say so far, it is about 90% success rate. they have been using it pretty successfully. problem is, it's been about a thousand rockets and missiles that have come into israel from gaza since last when this crisis really jessica late. sirens go off in towns and villages and the people have to rush to air raid shelters or bunkers, stair wells, wherever they can go. israelis say they won't tolerate it very much longer. that's the israeli perspective. they are going after targets in gaza, but there are plenty of civilians w40 have been killed in the process in gaza because it is such a heavily populated area and some of the missiled are launched from populated areas. then you get the tragic results in the process. >> and we have seen the video of the people fleeing and when they see the sirens running off, just trying anything they can do, wolf, to get to safety. everyone wants this not to
might think. nbc's michelle kosinski is live in london for morton that. good morning. >> the u.s. election is a top story today outside the u.s. with coverage all over television, newspapers and websites. extremely thorough and extensive. in fact, virtually every foreign news organization has on its website a prom gent section devoted to the u.s. election. that's tough for americans to imagine that we would pay that much attention to another country's political contest. the times here in london tells us that their u.s. election section is now their most clicked outside of their home page and views of it have gone up about 500% since august. how much does this matter? yesterday, across europe markets declined amid the uncertainty over how the u.s. election would turn out. part of the reason for all this attention is that so many people in so many countries are looking for a catalyst for change in their own nations through what happens in the u.s. tonight around the world there will be live watch parties. looking at coverage that stations are carrying live from the u.s. and that wi
and on the web. you think about it, virtually every major publication outside of the u.s. has a section on its website that is devoted to this election. that's hard for us in the states to have any comparison to. i mean, we just don't devote that kind of attention in general to another country's political contest. in fact, the times here in london told us that the u.s. election subject is the most clicked in the past month other than their home page and views of it have increased by 500% since august. across the world tonight there will be watch parties. that's pretty impressive considering that when polls close in america it will be well after midnight. here it will be just about midnight. especially at u.s. embassies people will be watching. one british analyst told us it is possible as many brits will be watching these results as watched the results of their own elections. lynn. >> michelle, interesting. thanks so much. >>> the presidential election isn't the only thing happening today. there are some very close sen 2345i9 races happening across the country. >> reporter: the power struggle
cutting ceremony. >>> more now on the downfall of the now former cia director david petraeus. u.s. government official is telling cnn the affair that caused petraeus' stepdown was first revealed through an fbi investigation. suzanne kelly has more now. suzanne? >> we now know from a u.s. official it was a complaint that paula broadwell, the woman who wrote the biography of general peatry was was sending harassing e-mails to another woman that prompted the fbi to investigate. also we know from that source that the investigation led to the discovery of e-mails between broadwell and petraeus that indicated the affair. that second woman hasn't been identified and the official we spoke with didn't know the nature of that woman's relationship with the former director. but more details are coming out about the time line of events and when u.s. officials were notified of the circumstances of this investigation. senior u.s. intelligence official tells cnn the fbi informed the director of national intelligence, james clapper, about the investigation on tuesday night, election night, just as
clear up confusion about the attack on the u.s. diplomats in benghazi? and another high-profile republican now running away from mitt romney after he tried to blame his loss on so-called gifts from president obama. james carville and ari fleischer, they are here this hour. we're going to talk about the gop's hand wringing and back stabbing. i'm wolf blitzer. you're in "the situation room." >>> hamas militants -- [ gunfire ] -- there they are. hamas militants in gaza keep unleashing rocket attacks on israel and get alarmingly close to jerusalem. a new provocation as they continue the air assault on what it calls terrorist targets in za. the death toll i rising along wiars of anall-out israeli ground invasion. the israeli cabinet has just approved the call-up of 75,000 army reservists in addition to the troops already positioned along the border with gaza. a visit to gaza by egypt's prime minister failed to stop the bombardment and pull the region from the brink of all-out war. u.s. officials blame hamas for starting this conflict. but they are also urging to be measured i
countries have kicked off negotiations on a huge solar energy project in the sahara desert. u.s. president barack obama has arrived in new jersey to tour the devastation left in the wake of super storm sandy. >> obama was joined by new jersey governor chris christie, who is republican, but christie has praised the way the president has handled the crisis. they viewed storm damage by helicopter. obama will also be meeting with residents and emergency workers. >> cleanup work is in full swing on the east coast after sandy flooded cities, washed out bridges, and caused billions of dollars in damage. >> but new york city is making it clear it is back in business. mayor michael bloomberg rate in the opening bell at the new york stock exchange, which was closed for two days. >> the storm killed over 40 people on the east coast and caused unprecedented damage. >> life is slowly returning to normal in new york. on wall street, major stock their first two-day closure ine- over a century. emergency generators provided the power. most of lower manhattan is still in the dark. an unusual event in the c
is the new big task facing barack obama and the u.s. congress. gridlock over the so-called fiscal cliff. what's the fiscal or better put financial cliff? think of it as a high, steep rock. a ledge the u.s. is teetering on and will plunge over if no action is taken on certain financial matters. what are those? one, the bush era tax cuts. in 2001 and 2003, congress, under president george w. bush, lowered everyone's taxes. but it was only temporary, like 11 years temporary. less than two months from now midnight december 31, taxes go back up. the average household will pay more in taxes each year, $2000 to $3500 more. two, sequestration. what's that? new, big budget cuts. $110 billion in cuts in 2013 alone. they go into effect january 2, and will affect the defense budget and the domestic budget. the cbo, says unemployment could climb up over 9%, pushing the u.s. back into recession. why did this happen? an automatic sequestration or permanent set aside of $1.2 trillion was passed by congress, in order to force congress to compromise and figure out how to cut the budget itself. but, a congressi
on both sized but that the u.s. backed israel's right to defend its borders against hamas which she referred to as a terrorist organization. >> america's commitment to israel's security is rock solid and unwavering. that's why we believe it is essential to deescalate the violence in gaza. the goal must promote regional stability and advance the security and legitimate aspirations of israelis and palestinians alike. >> as diplomatic efforts ramp up, the u.s. blocked a u.n. security council resolution yesterday condemning the conflict because the resolution didn't address rockets fired from palestinian territory. >>> to politics, one thing not to be thankful for on the eve of this holiday season -- 2016. that's right. just two weeks after the longest, most expensive and most exhausting election in u.s. history, troubled eyes are turning this morning to 2016 speculation as it begins over the next batch of candidates. republican up and comer jeb bush jr. says his dad needs to make a run for the white house. >> your dad going to run for president? >> i don't know. no comment. i certainly
opened up on halloween the earliest opening ever a silver lining in this case. >> the u.s. has never experienced such a wide scale natural disaster this close to election day. both candidates had to temper their message in the wake of the storm but that could change today with five days left president obama goes back on the campaign trail with events in wisconsin, nevada and colorado. governor romney arrives in virginia a day after an event in another battleground state. >> mitt romney campaigned in florida wednesday but during his three rallies he never once mentioned president obama by name. >> i understand what it takes to get this country going again. and to bring back the kind of greatness we depend on. >> he refrained from an all out attack on the president who was visiting with disaster victims in new jersey. instead romney made his own pitch to help those affected by the storm. >> if you have the ability to help please provide some resources to people there and give calls to your loved ones and keep folks in your thoughts and prayers. it's a big part of what america is. >> th
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and democratic attorney general. one of our two u.s. senators was an independent, elected twice. an independent missed winning the governorship by 15,000 votes over a million passed in 1973. we were the ticket splitting capital of america. we have cents settled back into partisan voting with the rest of america. this is a very polarized era. having said that, when you have close elections you still have a band of voters who will mix and match on the ballot, either because they want to mix and match or they are simply reacting to the individual candidates. in the case of romney and kaine, i have personally been in situations where straw votes were taken among large groups and you generally find you have 3, 4, 5% of the romney boaters picking tim kane for various reasons. some of these romney voters are more moderate republicans and the like tim kane better than his opponent. are there similar voters for obama and george allen? i am sure there are. i never met one of them. but i will say this -- george allen, despite what happened in 2006, he has won from time to time in running for statewide off
on this. >>> now petraeus was appointed cia chief last november. before that, he was the commander of u.s. and nato forces in afghanistan. we get more on his legacy and unexpected resignation from chris lawrence. >> reporter: he sent this letter to the rest of the cia on friday admitting to them that he had an affair and that he went to the white house on thursday and asked president obama to accept his resignation. on friday, during a phone call, the president did accept that resignation. effectively shaking up the national security team just days after the election. by the time david petraeus got his first taste of real combat, he was a 50-year-old major general. in 2003, he commanded the 101st airborne during the march on baghdad. it was in iraq that he asked a roert, tell me how this ends suggesting trouble the u.s. would have there in later years. they gained the nickname king david, used affectionately by supporters and by those who labelled him a celebrity general in 2007 president bush assigned petraeus to lead the troops in iraq and he wrote the petraeus doctrine. a scandal broug
the u.s., as long as the country continues on its path to democracy. cnn's jessica yellin is traveling with the president. she joins us live from yangon in myanmar. this was a historic visit. what has been the response there. >> hi, john. the response has been very warm. obviously the people we're seeing are people who want to come out and embrace the president's message. but he spoke here in this auditorium, at an historic site, to 1500 students and professionals. people who are pro-democracy, advocates, and regular citizens who just wanted to hear his message. he got a very warm reception here and the white house said that he was moved, as well, by the thousands of people who came out to greet him on the road outside the airport when he arrived. the airport gave an address in which he acknowledged that democracies are sometimes difficult and it's a struggle to get to full freedom. but he said that it is, of course, worth the effort. and he also made clear that it isn't just a visit of goodwill, it also has strategic significance with a message to another nation in the area. listen to
assembly despite strong opposition by the u.s. and israel. here's israeli prime minister benjamin netanyahu earlier today. >> the palestinians must recognize the jewish state. and they must be prepared to end the conflict with israel once and for all. none of these vital interests, these vital interests of peace, none of them appear in the resolution that will be put forward before the general assembly today. and that is why israel cannot accept it. >> joining me now to talk more about this, former state department mideast officer joel ruben. also palestinian italian journalist and msnbc contributor willa jabroe. both israel and the u.s. say the resolution violates agreements to solve issues through negotiations which broke down two years ago. on the heels of the recent violent clashes between gaza and israel is now the right time for this vote? >> well, it's a fate acomply that the vote is going to take place. it's been in the works for some time before -- really the bigger issue is how will the parties react after it? there's been a calm reaction to far. there should be one. they need to
. overnight, he was in myanmar. the country formerly known as burma. this is the first time that a sitting u.s. president has visited that country. mr. obama met democracy activist turned lawmaker aung san suu kyi. and says the country's made great strides toward democracy in an incredibly short amount of time. >> i want to make a pledge to the people of this country, that i am confident we can keep. that is if we see continued progress towards reform our bilateral ties will grow stronger and we will do everything we can to help ensure success. >> he was on the ground there for six hours. suu kyi struck a note of caution, warning of the risks of a mirage of success in myanmar. cnn's dan lothian is traveling with the president. he will have a live report just ahead. >>> vice president joe biden gets a good look at what superstorm sandy left behind in seaside heights, new jersey. he met with first responders who lost their homes. he also checked out the battered coastline by helicopter yesterday. president obama vows to help the area make a complete recovery. >> but the president's made it clear
as he continues to that 2014 deadline for u.s. troops out of the afghanistan. the ceremonies get under way later this morning we'll have live coverage at 11:00 eastern here on c-span. washington journal continues on this sunday november 11. we'll be back in a moment. >> some patients require special therapy, hip knows sis is effect nive certain types of battle northeast rose sis f. >> now you're deep asleep. we're going back now, going back to -- one of the most important procedures is group psychotherapy. here under the psych tryst guidance the patient lerns to understand something of the basis causes of his distress. >> i'd like to see if we can get some illustrations about how one's personal safety would stem from childhood safety. if i had done anything wrong afseshamed of i would tell them what i had done so i kept it to myself. >> this weekend on c-span 3 let there be light. his world war ii dk meantry on combat trauma and treatment. today at 4 p.m. eastern. >> i want my fiction to be intensely journalistic because unless you get out and look at what is going on these days, you'r
, should investors be looking outside the u.s. glove up their it has not these people's concerns about their money and savings. our next guest talks about why this may be outside of our borders. don't go away. liz: take a look on the screen right now. we have priceline, to travel stocks, priceline.com, strong quarterly earnings. burchard advisors part, they lead the way. 20% of the day and we have other travel sites getting swept up in all of us. a very big boost from all of this. sending green arrows all across the board for many of these, including kayak and orbitz. getting to big news. this has become a staging area for emergency vehicles. coming to us courtesy of wnyw. everyone is waiting with the emergency vehicles, ambulances, waiting. the question is, what do they waited -- what are they waiting for? due to gridlock issues and other issues, it is not looking good. some people say that it is good to keep business up and it is good to keep going, but sometimes it's not easy during the state street investor sentiments may be a little too lax. we have a guest joining us on a fox bus
. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the u.s. death toll from the giant storm named sandy has risen to at least 63 today. about 6.5 million homes and businesses are still without electricity though there were signs of daily life returning to its usual rhythm in some places. a familiar sound returned to lower manhattan streets last night. ( horns honking ) the power did not. police helped direct traffic with signals still dark, but one taxi driver said it wasn't worth the risk. >> it's been dangerous. i've got to go home, i'll walk. there's no traffic signal light, no nothing there. >> woodruff: you're going home? you're done? >> i'm done already. >> woodruff: it wasn't much easier for pedestrians who made their way on foot, some with only flashlights leading the way. >> it's really unsettling becauswe d't he por. we don't know what's going on. we don't have anywhere to get to televisions. >> woodruff: many people flocked to mobile charging stations across the city. plugging in cell phones and other devices. but today brought some sign of things
for those with green cards to bring their immediate families to the u.s. >>> and this year's official christmas tree arrived at the white house friday with all the traditional fanfare atop a horse-drawn marriage. the 19 foot frasier fir is from north carolina. >>> joining me for more, white house correspondent for the hill, amy parnes. chief correspondent for mcclatchy newspaper steve selma. welcome to you both. >> thank you. >> steve, why don't you head on up here? i'm going to begin with amy. i want to read you part of speaker boehner's op-ed on fiscal cliff negotiations. if we're serious about getting our economy moving again, solving our debt, and restoring prosperity for american families we need to repeal obama care and enact commonsense step by step reforms to start with lowering the cost of health care. would democrats consider putting any part of the president's signature health care legislation on the table to negotiate? >> no. it's just not going to happen. i mean you remember last year, democrats wouldn't -- refused to budge on this issue. they're not going to do it again.
jeff becker, ceo of ing u.s. investment management. ing is also the presenting sponsor at this weekend's new york city marathon. why don't we begin there. i realize that you run the investment management division, not all of ing in the americas, but you must have a perspective. a lot of new yorkers are very concerned -- some of them are angry -- that this marathon is going to go on as scheduled. did people from your company consult with the mayor, what did they say to him, to the extent you know, and do you support the decision? >> we do. the decision was taken by the mayor and the city of new york in consultation with the new york road runners. ing is the title sponsor. we support that decision. we're proud to be the title sponsor for the tenth year in a row. the marathon is a wonderful event for new york. it really represents the vitality and perseverance of new yorkers. it also has a tremendous economic benefit to the city of new york. the estimates are that annually, it gives annomi of $340 million to the city, and about $35 million to charities each year. >> it is a wonderful even
petraeus. and it was only yesterday that we learned about iran firing on a u.s. drone. an event that happened days before the election of the timing of that report remains suspicious. we will examine the potential brewing coverup. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. whi had[ designer ]eelinge. enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9 months. [ male announcer ] bec
yesterday that we learned about iran firing on a u.s. drone. an event that happened days before the election of the timing of that report remains suspicious. we will examine the potential christmas was magical? let's get back there. celebrate the arrival of santa at bass pro shops this saturday and the unveiling of santa's wonderland. time passes. hold on to christmas. i'm thinking aboutpgrading... finally! jonathan was fine when you were in your 20s, but he's not right for you. good-bye jonathan and his creepy little girl hands. i meant... [ male announcer ] or choosing a windows 8 device with help from the experts at staples. another way staples and hp make it easier to upgrade. make your windows 8 experience even better with hp. and this week, get $200 off the hp envy dv6 notebook. staples. that was easy. it's the cleanest, clearest water. we fd the best, sweetest crab for red lobster that we can find. [ male announr ] hurry in to rd lobster's crabfest! the only time of year you can savor 5 succulent crab entrees, all under 20 dollars. like a half-pound tender snow crab paired with savory
, sara. every u.s. president hopes to be the one that ends the israeli/palestinian crisis. but peace has rarely seemed less likely. earlier i spoke with a senior fellow at the hoover institution. he singled out the obama administration for what he calls its indifference. >> we have to go back and re-examine the diplomatic setting, if you will. people will be pushed to say, we can't afford to ignore this region. we can't afford to ignore this conflict because we look back on the last four years and the indifference, if you will, of the obama administration to what's happening on the west bank in gaza. and i think there will be pressure. there will be pressure from egypt, from turkey. there will be pressure from qatar. these are the places that are most sympathetic to hamas. >> discussing the u.s. response to the israeli/palestinian crisis. >>> we've got a lot more planned for you this saturday night. here's what else we're working on. the new reality and a rude awakening for the gop. get with it or keep losing. >>> the new faces of congress, gay, bisexual, hindu. meet those making capitol
that this could have a crushing impact on the u.s. economy. what are they saying about this? >> well, that's the problem for policymakers. i do think both republicans and democrats they want a deal. leaders want a deal because this really could be an economic catastrophe. i mean, that's what something that ben bernanke warned repeatedly. put politics aside for a little bit and try to get a deal. but both sides want to get the best deal possible and you're in the going to see any deal anytime soon because we have until january 1st. >> so you're saying they're going to wait until the last second. >> last second, up to christmas, if not new year's. this week when congress comes back and into next week, you see jockeying for leverage. that's what's going to happen. no major deal is going to reach -- be reached much before christmas if there is a deal. >> no plan for bob cusack celebrating the new year. you'll be on the hill waiting for a deal. we'll continue the conference. i appreciate it. switching gears, just into us at cnn, new damage estimates from superstorm sandy. to alison kosik live f
that the u.s. doesn't go into a recession? >> well, first i want to say the metaphor fiscal cliff is probably the wrong one. you step off a cliff, that's your last step. for many politicians, the real metaphor is it's a slope. they gradually go into these tax increases and spending cuts. they feel they can turn around and walk back up the slope, retroactively reverse the changes. in that circumstance, in that scenario, it creates a lot of uncertainty for businesses and for taxpayers. what will our taxes be next year? how are we going to make some plans for our business or personal finances? it's that uncertainty that's going to, i think, have adverse effects for the economy. >> okay. that makes a lot of sense. michael jones, how do you want to invest here with all this? >> i think there are times when the market is really simple. don't fight the fed. you certainly don't want to fight the fed when they've got the ecb, the bank of japan, the people's bank of china, and virtually every other central bank on their side. you've had unprecedentedly aggressive monetary stimulus. we have open-ended c
baghdad. it was one of the worst attacks against iraqi military so far this year. the u.s. soldier charged with the massacre of afghan civilians in march appeared in court on monday for a preliminary hearing to determine whether he will face a full court-martial. robert bales faces 16 counts of murder, one for each of his victims. musa mahmuddi of the afghanistan independent human rights commission called on the west to ensure the victims' families are heard. >> we strongly ask the united states that justice should be applied in a trial should be based on the principles of fair trial, and provide opportunities and time to the victims' family members to be heard in the court of the united states. >> bales was on his fourth combat tour following earlier stints in iraq and afghanistan. on monday, a former military comrade testified that robert bales had shown no remorse after committing the shootings. prosecutors are seeking the death penalty. a family in pakistan is accusing the u.s. of killing an elderly woman and wounding six of her grandchildren and a drone attack late last month. the str
was interviewed by the fbi, but it's not clear if broadwell has been questioned and if she will be. a u.s. official said petraeus was never a target of an investigation and that a tip about an affair led to that probe. now, general petraeus was scheduled to testify next week about the attack on the u.s. consulate in libya. now what happens now that he's gone? suzanne kelly is in washington with that part of this big story. >> susan, as washington reels from the announcement not only that david petraeus is stepping down from the post, but also from the admission he was having an extramarital affair, a u.s. official has said the counter intelligence unit was investigating a tip that he was having an affair because they needed to determine whether there was a potential security risk. the official telling cnn there was no suggestion that the fbi was investigating petraeus for any possible wrongdoing. now, if there were an official investigation focused on the cia director, that would have been something that the congressional oversight committees would have been briefed on. it's a matter of s
business. u.s. stock futures are flat this morning. >> the markets had a rough day yesterday. chris teens romans here to explain this big selloff. is there an explanation? >> can you see the sectors reacting to a second obama administration. let me show you what it looked like, 313 points, the first dow close below 13,000 in three months. that was the worst day of the year. more than 2% down. when i talk about the internals of the market, i'm talking about banks, insurers, cole companies, energy companies, they fell because, in fact, they think they're going to have higher costs. the markets think they're going to have higher costs in a second obama administration. you saw some obama care related stocks like hospitals up on the assumption that obama care is now secure. the internals showed us how investors in different sectors were reacting to a second obama presidency. but there were also concerns over europe and the fiscal cliff and the fact that now you have this election out of the way, you still have the very big problems still facing us. debt crisis, markets started to turn yesterda
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